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Jan 21, 2013
01/13
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they file taxes. now, i know you are against refunds, but do you think it's possible they delay refunds? >> i'm hopeful it's not. i think the reality is congress will do the right thing. possibly suspend the debt ceiling, allow for, you know, lenders to get paid both, you know, people holding treasuries as well as people who are actually lending the government money expecting a refund. gerri: if this gambit from the republicans does not work, are some at risk after not getting the refund? >> anything's possible. look, at the end of the day, if the ceiling is not raised and restrict expenses somewhere, refunds could be down the road. irs says if you electronically file, expect a refund within ten days, similar to last year, but, you know, they could say that now not knowing what's going to happen just, you know, a few weeks from now. gerri: we have no idea. the reality is the irs does not control this. >> absolutely not. gerri: that they have to react,d it takes a long time to make changes that need to
they file taxes. now, i know you are against refunds, but do you think it's possible they delay refunds? >> i'm hopeful it's not. i think the reality is congress will do the right thing. possibly suspend the debt ceiling, allow for, you know, lenders to get paid both, you know, people holding treasuries as well as people who are actually lending the government money expecting a refund. gerri: if this gambit from the republicans does not work, are some at risk after not getting the refund?...
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Jan 15, 2013
01/13
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and mean, this is a tax on both sides of the aisle, and sometimes there is real racism than these to be pointed out. >> that is like crying wolf when it is not there just first the whole cause. when susan rice did not good to be secretary of state democrats said that is racism, because she is black. >> and the woman question we have up black boy named tracy was secretary of state and other republicans. >> as we did. yes we did. >> you pointed out something that he was too polite to say. he said during the campaign committee has every right to put those examples on because when that happened many people took exception to it. it was more than a dog whistle comments were anyone knew what to deny that happened is to make his case for him. lou: so if you argue as to menu just proved the case for him, and therefore all the damfool would argue about an objective standard of truth to what the value or racists confirms. that's pretty complicated and we thank you for sharing with us. thank you so much. the key for being with us. good night from new york. ♪
and mean, this is a tax on both sides of the aisle, and sometimes there is real racism than these to be pointed out. >> that is like crying wolf when it is not there just first the whole cause. when susan rice did not good to be secretary of state democrats said that is racism, because she is black. >> and the woman question we have up black boy named tracy was secretary of state and other republicans. >> as we did. yes we did. >> you pointed out something that he was...
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Jan 16, 2013
01/13
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they agreed to higher taxes on a certain group of people. >> they got permanent tax cuts for 98% of the people. >> that's obama's line. look, they don't have to cave now. now the issue is spending and debt. they should not, they must not cave now. >> sean: why do you disagree? >> i'm just, i'm a realist and a pragmatist. and i do not believe that there's any possibility of dealing with entitlement spending in the the next eight weeks to get something through congress. >> sean: quick question. >> which is what we need to do. >> sean: what wok so bad if the republicans said we're not going to raise the debt ceiling unless there's significant cuts. >> that should be the opening position. >> sean: then you have them cave? >> there has to be-- >> you two are hard to take seriously in your jeans, stuart varney is wearing a sport coat and-- it's not a suit and thrown my whole world upsidedown. >> sean: he's got lighter jeans. >> flat-out changed the subject. >> i learned that somewhere. >> sean: dodge. >> shift in position. >> sean: you say sage bob beckel "the five". >> did you not to that. t
they agreed to higher taxes on a certain group of people. >> they got permanent tax cuts for 98% of the people. >> that's obama's line. look, they don't have to cave now. now the issue is spending and debt. they should not, they must not cave now. >> sean: why do you disagree? >> i'm just, i'm a realist and a pragmatist. and i do not believe that there's any possibility of dealing with entitlement spending in the the next eight weeks to get something through congress....
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Jan 14, 2013
01/13
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and that is because the federal and local tax rates, marginal tax rates combined in high tax states are not on high income taxpayers are now in the neighborhood of 50%. in my home state of connecticut, it's 48.5%, in new jersey and new york, it's higher. and in california, it's higher again. >> right. >> and 50% is well past the peak of the curve, meaning that as production rises -- as taxes rise, production diminishes. so, when taxes go to 100%, production goes to0 and the government collects nothing. >> right. >> so, as taxes rise, the government's stake will diminish. and the government's stake is maximized somewhere between 40% and 45%. and we are beyond that. so, the government's stake is going to diminish from here on, so raising taxes is no longer going to be an answer to deficit reduction and apparently neither is cutting spending. >> yeah, i mean, i guess, you know, the broad -- the broad populous, you know, the people, i don't know that they necessarily understand the implications of not cutting spending, because it does feel like, you know, it constantly goes on the republica
and that is because the federal and local tax rates, marginal tax rates combined in high tax states are not on high income taxpayers are now in the neighborhood of 50%. in my home state of connecticut, it's 48.5%, in new jersey and new york, it's higher. and in california, it's higher again. >> right. >> and 50% is well past the peak of the curve, meaning that as production rises -- as taxes rise, production diminishes. so, when taxes go to 100%, production goes to0 and the...
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Jan 18, 2013
01/13
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and you were targeted because you voted for a tax increase. but at the time you said, "there are times in all our careers when we must ask ourselves why we're here." marjorie, great to have you with us tonight on "the ed show." >> nice to be here. >> you are an example of courage, and the president has said this is going to take courage. can you apply what you went through to today's gun debate? what do you think? >> oh, well, i was also targeted. i mean, they just loaded both of the barrels and came after me also. i was just talking tonight with somebody who worked for me in my congressional office, arlene hal pernin. she said the phones never stopped ringing. and that's one of the problems. but as a member of congress you have to understand that people do not call in when they're satisfied. so nine out of ten calls said vote against this. and at that time it was in '93 and we were talking about an omnibus spending bill. it was a deficit reduction bill but of course it was called the tax increase. and there were things in the bill that i like
and you were targeted because you voted for a tax increase. but at the time you said, "there are times in all our careers when we must ask ourselves why we're here." marjorie, great to have you with us tonight on "the ed show." >> nice to be here. >> you are an example of courage, and the president has said this is going to take courage. can you apply what you went through to today's gun debate? what do you think? >> oh, well, i was also targeted. i mean,...
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Jan 14, 2013
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this is the same crew that were saying they would never see taxes go up. we don't need every member in a republican party. we need 218 votes in the house for a reasonable package. and, you know, you have to watch for people to do, not just what they say. in the u.s. capitol, you can't walk in here with a grun. you can't walk in here with an assault weapon. over in the supreme court which says you have this unlimited right to have a gun, you can't walk in there with a gun. why should people walk sbhinto schools or movie theaters? that congress should provide for the american public. we know that guns can be dangerous in the wrong hands. that's why we have all of the rules and regulations and the security protections here. and we need to make sure that in our day care centers and our communities, we provide a better safety environment for our kirn. >> now, rooiyan, it seems like e republ lip cans, and i noticed the congressman said we don't need them all, some republicans do sound like they are more open to possible gun legislation more than some of the far
this is the same crew that were saying they would never see taxes go up. we don't need every member in a republican party. we need 218 votes in the house for a reasonable package. and, you know, you have to watch for people to do, not just what they say. in the u.s. capitol, you can't walk in here with a grun. you can't walk in here with an assault weapon. over in the supreme court which says you have this unlimited right to have a gun, you can't walk in there with a gun. why should people walk...
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Jan 21, 2013
01/13
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he's a liberal democrat or a radical democrat, who wants bigger government, higher taxes, more power in washington. redistributionist policies and secular values and that is who he is and i think rather than hoping he'll somehow moderate, we should set our own agenda and we should look where we have leverage. i actually think, mike, that the house republicans were very wise in williamsburg to decide that they were not going to fight over the debt ceiling over the next three months, get na out of the way for 90 days and then focus on the continuing resolution, on the sequester. because they fit exactly what the president said. this is real spending. i mean, under our constitution, nothing can be spent that the house does not pass. and so, the house republicans really have an opportunity to set a whole new standard not trying to figure out what kind of deal obama wants, but deciding what in good conscience they're willing to past. >> mike: in your experience as speaker of the mouse and somebody who as really engineered the republican takeover of the house back in the 1994 elections, sp
he's a liberal democrat or a radical democrat, who wants bigger government, higher taxes, more power in washington. redistributionist policies and secular values and that is who he is and i think rather than hoping he'll somehow moderate, we should set our own agenda and we should look where we have leverage. i actually think, mike, that the house republicans were very wise in williamsburg to decide that they were not going to fight over the debt ceiling over the next three months, get na out...
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Jan 14, 2013
01/13
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see if it lasts because it's being explained away as people pull forward their bonuses in 2012 for taxes. let's see if it lasts beyond that. earnings are slowing down. the economy is slowing down. and on the positive, you've got the fed pushing real hard. so maybe we don't have a big down in the market because of the fed, but the fundamentals beyond the fed are real hard to support the market going up. >> china's improving. japan is in uber-stimulus mode. a number of people have changed their gdp numbers this weekend 2.5%. it's not horrible and it's slowly improving. >> it is definitely tough out there. there's no argument there. final word very quickly, ralph. i just want to get your single best idea right here. if your scenario materializes and this market goes up, what's your best idea? where do you want to put your money today? >> xlf. financials. >> that's his financial sector there. >> yep. >> thanks, guys. >> we'll see you soon. thank you so much. we'll keep you updated on the dell story as it develops. we are in the final stretch of trading. 45 minutes until the closing bell soun
see if it lasts because it's being explained away as people pull forward their bonuses in 2012 for taxes. let's see if it lasts beyond that. earnings are slowing down. the economy is slowing down. and on the positive, you've got the fed pushing real hard. so maybe we don't have a big down in the market because of the fed, but the fundamentals beyond the fed are real hard to support the market going up. >> china's improving. japan is in uber-stimulus mode. a number of people have changed...
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Jan 21, 2013
01/13
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peter: the president also did however discuss revamping the tax code, reducing healthcare spending, trying to reduce deficits, but acknowledging the realities of divided government, said, quote, today's victories will only be partial. cheryl? cheryl: peter barnes of course standing by at the white house, big day in d.c., cold day as well. peter thank you. well, while most of the markets are closed today, money is still moving. now is your chance to make money on currencies. joining me now for a fox business exclusive interview is forex.com senior currency strategist. welcome. currency markets are moving today. currency is a bit of great interest with regards to the european currencies and there's japan. big meeting today, bank of japan, more concern about deflation in that country, what is your reading right now on the country of japan and the yen in particular? >> they have been taking some pretty extraordinary measures over the past to months or so -- past two months or so. been very very aggressive in terms of easing the japanese yen. he believes that's going to be the major thing to tu
peter: the president also did however discuss revamping the tax code, reducing healthcare spending, trying to reduce deficits, but acknowledging the realities of divided government, said, quote, today's victories will only be partial. cheryl? cheryl: peter barnes of course standing by at the white house, big day in d.c., cold day as well. peter thank you. well, while most of the markets are closed today, money is still moving. now is your chance to make money on currencies. joining me now for a...
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Jan 16, 2013
01/13
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i thought conservatives hated taxes. burnett said this liberal tax exists to make a point. >> we have a fiscal problem in this country. we've got to deal with it or we don't have a country. so to kind of help make that point a little bit, i charge them just a little bit more. >> yeah, it's all our fault. to add insult to injury, burnett donates the extra dollar to the conservative cause like the heritage foundation. jim demint will like that. but vernal, utah, is located in solid red county, folks. 90% of the residents there voted for mitt romney. less than 9% voted for barack obama. burnett's controversial pricing is getting him free publicity and lots of love from local republicans. but his stunt will not single-handedly fund jim demint and the heritage foundation. at $1 per liberals, let's add it all up. >> actually, all three liberals have been happy to pay it. >> there you go. heritage foundation, good luck with the three extra bucks. don't spend it -- well, yeah, go ahead, spend it in one place. >>> tonight in our
i thought conservatives hated taxes. burnett said this liberal tax exists to make a point. >> we have a fiscal problem in this country. we've got to deal with it or we don't have a country. so to kind of help make that point a little bit, i charge them just a little bit more. >> yeah, it's all our fault. to add insult to injury, burnett donates the extra dollar to the conservative cause like the heritage foundation. jim demint will like that. but vernal, utah, is located in solid...
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Jan 20, 2013
01/13
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california, an ngry homeowner getting his version of revenge on the tax man. upset in the 14,000 tax bill and the man paying most of it in change wheeling in nickels and dimes. >> i had to borrow money and missing a few payments . my grand kids piggy bank my daughter's piggy banks and my mon yechange and a lot of people offered to help. >> the clerk surprised to say the least but accepted it after counting it. pennsylvania. penguins on parade. stars of the show waddling their way past crowds of curious family. >> she was excite we ran all the way here. >> they were wademing aroundd and they will do this every weekend through february. >> that's the fox watch in america. car lovers from all over putting the pedal to the medal and racing to scottsdale, arizona . you have to go there to get the coolest cars . it is it best to steer clearr of the auctioneer who i understand is going crazy right now . auctioning in full speed. i could listen to that all day. they will pick up that for his wife. their anniversary. good bless them. >> sale of the hot wheels expected
california, an ngry homeowner getting his version of revenge on the tax man. upset in the 14,000 tax bill and the man paying most of it in change wheeling in nickels and dimes. >> i had to borrow money and missing a few payments . my grand kids piggy bank my daughter's piggy banks and my mon yechange and a lot of people offered to help. >> the clerk surprised to say the least but accepted it after counting it. pennsylvania. penguins on parade. stars of the show waddling their way...
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Jan 20, 2013
01/13
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the republicans wouldn't vote for tax increases for millionaires -- for tax increases for millionaires. you could do it on guns, you could do it on immigration. you have a lot of tough issues s and you force the republicans to make ugly votes and that's their strategy. that's their strategy to take control of the house. >> the premise of that scares enough republicans into enough action to get mobilized. >> look at what just happened. the republicans in the last day or so, punted on the debt ceiling. i think that was smart. but the reason they did it was they thought a trap had been set and if they didn't, they would look bad. i think that's what would have happened. but that's an idea what have chris is talking about. >> chris, brit, thank you. >> you have a leak in your roof, you if i can it, right? >> but what happens when the capitol building this has a lot of leaks? we'll show you, after the break. mine was earned in djibouti, africa, 2004. the battle of bataan, 1942. [ all ] fort benning, georgia, in 1999. [ male announcer ] usaa auto insurance is often handed down from generatio
the republicans wouldn't vote for tax increases for millionaires -- for tax increases for millionaires. you could do it on guns, you could do it on immigration. you have a lot of tough issues s and you force the republicans to make ugly votes and that's their strategy. that's their strategy to take control of the house. >> the premise of that scares enough republicans into enough action to get mobilized. >> look at what just happened. the republicans in the last day or so, punted on...
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Jan 17, 2013
01/13
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a lot to our tax funds the they own nearly 20% of the investments from apple stock is that a good idea? >> it depends going forward. gerri: what happened to a different pot? that is ridiculous. >> the rule that mutual funds you should not have more than 10% of any position. gerri: how many growth fund and value fund with the same stock? i think portfolio managers saw the of run up and wanted to get on board whether not yet matched their portfolio plan they plowed a bunch of money into it. >> there was momentum chasing for sure. apple is going through a major transition in terms of the growth profile. it had a hyper growth period now going forward just a normal good growth period the results in a change of ownership. one year ago more growth fund had the stock with a larger percentage from apple. gerri: by so or hold? >> i would hold for sure. exciting for apple going forward we have patterns of period to go into these periods and then slowed down. you do see the a 25% correction but you cannot predict when it sorts out but they are changing the business model. they will become more bra
a lot to our tax funds the they own nearly 20% of the investments from apple stock is that a good idea? >> it depends going forward. gerri: what happened to a different pot? that is ridiculous. >> the rule that mutual funds you should not have more than 10% of any position. gerri: how many growth fund and value fund with the same stock? i think portfolio managers saw the of run up and wanted to get on board whether not yet matched their portfolio plan they plowed a bunch of money...
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Jan 16, 2013
01/13
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we have a whole tax code that helps states like new york that have higher taxes because they can take it off of their federal income taxes. that has to be part of that, as well. i think we need to help those in need is something we should be doing but if you are not going to spend 80% of the dollars for two years what's the rush? why hurry? get to the direct needs now and that's what i think is important and that's why i offered a transparency amendment that says let's see where the money is going. fema needs reform. we should be reformed it the last two years, a decade ago, after katrina problems and hopefully we can make progress when we do that. >> thank you very much. we appreciate your time. >>> still to come, france has sent more troops in to mali to fight the war there and the united states promises to help. what is help going to mean for american troops? >>> plus an "outfront" investigation, birth tourism. paying women big money to come to the united states and give birth to new american citizens. >>> and president obama goes it alone on gun control. one senator compares the p
we have a whole tax code that helps states like new york that have higher taxes because they can take it off of their federal income taxes. that has to be part of that, as well. i think we need to help those in need is something we should be doing but if you are not going to spend 80% of the dollars for two years what's the rush? why hurry? get to the direct needs now and that's what i think is important and that's why i offered a transparency amendment that says let's see where the money is...
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Jan 15, 2013
01/13
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to dodge ten's of millions of taxes in the city of chicago. the rta reports a single part-time employee works at that office one person that on a recent visited consultants found it locked. only a few chairs and desks through a window. the office is completely legal and any lawsuit would be without merit. rick live enthall is live in our newsroom tonight. how can they get away with this? >> most are collected where products are received. if you fill up with jet fuel that's where the taxes are collected. >> the purchase is accepted opening this possible loophole. advise half a million gallons of jet fuel every day at o'hare airports. most of the fuel transactions are negotiated through united chicago headquarters. it alleges an airline subsidiary opened a small office in sick more. we have video provided by the rta. you get a tax kickback from the town saves a few hundred million. the only reason the fuels had the office in sick more is to create a sham packed for fuel rather than lower tax jurisdiction. in a statement united airlines says it h
to dodge ten's of millions of taxes in the city of chicago. the rta reports a single part-time employee works at that office one person that on a recent visited consultants found it locked. only a few chairs and desks through a window. the office is completely legal and any lawsuit would be without merit. rick live enthall is live in our newsroom tonight. how can they get away with this? >> most are collected where products are received. if you fill up with jet fuel that's where the taxes...
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Jan 16, 2013
01/13
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on the tax deal, house republican leaders had political cover from senate republicans. on sandy, chris christie provided the political cover, leaving house leaders, frankly, cowering. now the kotch brothers, through a group they backed, called americans for prosperity, are the latest to give boehner and other house leaders cover on the debt ceiling, as they get their rank and file to pick other political fights. tim phillips, president of americans for prosperity, told the financial times, quote, we're saying calibrate your message, focus on long-term spending instead of long-term debt. focusing on the debt ceiling makes the message more difficult. when i asked walden about the debt ceiling yesterday, he was clearly noncommittal, hinting on where the republican leadership maybe is on this. if there's not a majority in the house republican to raise the debt limit, but there is a majority in the house of representatives to raise a clean debt limit, would this leadership be willing to do that? >> you know, let's look at how do we avoid default on america and american's deb
on the tax deal, house republican leaders had political cover from senate republicans. on sandy, chris christie provided the political cover, leaving house leaders, frankly, cowering. now the kotch brothers, through a group they backed, called americans for prosperity, are the latest to give boehner and other house leaders cover on the debt ceiling, as they get their rank and file to pick other political fights. tim phillips, president of americans for prosperity, told the financial times,...
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Jan 15, 2013
01/13
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when we pay our gasoline tax, we spend that money to the federal government. they skim off management fee and then they dole it out all over again to things like a museum dedicated to the packer, a movie about movies about the road for alaska, things like that. airport money, we spend all of this, there's a tax in all of our tickets, and yet all that money goes into a big pile and the vast majority of it does not go to the biggest airports in the country. it goes to the ones that are the most politically connected. you really have to disengage congress and get more private money going directly where they can actually make a profit and you'll get more infrastructure. >> yeah, but donna, i mean, president obama signed the recovery act and spend billions on infrastructure project. did we get our money's worth? what did that money goes toward? >> well, first let me say, we do need some more money. yes, some airports can be built privately, and there's no question we're spending the money in the wrong places, but even if we took all the money going to highways, lik
when we pay our gasoline tax, we spend that money to the federal government. they skim off management fee and then they dole it out all over again to things like a museum dedicated to the packer, a movie about movies about the road for alaska, things like that. airport money, we spend all of this, there's a tax in all of our tickets, and yet all that money goes into a big pile and the vast majority of it does not go to the biggest airports in the country. it goes to the ones that are the most...
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Jan 15, 2013
01/13
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and many thought president obama wanted to go over in order to raise taxes. to do the same thing over the debt ceiling and get full blame for it, it could genuinely destroy the republican party, of course while destroying the economy. >> there is that little problem, for republicans. so what about this point, ezra, that the president, the federal government could easily meet its obligations on actual debt payments through bonds and that sort of thing. but it would be the spending, the discretionary spending that they would have to cut under these circumstances. so there wouldn't ever be, many republicans insist they wouldn't ever be a realistic prospect of default in this. and that is why the president uses the word "obligations," instead of the word debt because they may just agree with them that there wouldn't actually be a debt default. >> it is unclear, we literally don't know what would happen because it never happened bef e before. so a legal authority is not all obvious. so there is a question, for the treasury department, to decide if we pay off the b
and many thought president obama wanted to go over in order to raise taxes. to do the same thing over the debt ceiling and get full blame for it, it could genuinely destroy the republican party, of course while destroying the economy. >> there is that little problem, for republicans. so what about this point, ezra, that the president, the federal government could easily meet its obligations on actual debt payments through bonds and that sort of thing. but it would be the spending, the...
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Jan 17, 2013
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by the death tax. people didn't like it before. they don't like it now. >> i feel like with gun laws in particular the second amendment is the go-to argument. it is the banner under which the nra marches. >> i think it's enjoyable for people who felt like they're being bullied by the second amendment, and -- until obama went out and said you have a right to worship freely, i really don't. i tend to think that the people who -- >> i think that it does reframe it so that folks actually feel comfortable coming in, and actually supporting. what i mean by that is, like, nra members are actually overwhelmingly in support of a lot of the stuff with the president is doing, and by saying it actually gives them talking points to talk to their friends and family about it, and that's what they're trying to do. >> right. >> and if glen is right and we're moving towards a second term in which the president is going to be more forth rightly liberal and more principled, then this makes sense, right. this is re-establi
by the death tax. people didn't like it before. they don't like it now. >> i feel like with gun laws in particular the second amendment is the go-to argument. it is the banner under which the nra marches. >> i think it's enjoyable for people who felt like they're being bullied by the second amendment, and -- until obama went out and said you have a right to worship freely, i really don't. i tend to think that the people who -- >> i think that it does reframe it so that folks...
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Jan 17, 2013
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we can be for lower taxes, less government, less regulation. we can agree on that. but that is sick. why don't they call him up and say shut up once in awhile. your thoughts? >> they should. and if rush limbaugh actually saw that classroom after that morning, the reality of the situation that we're talking about. >> two to eleven bullets in each kid. unrecognizable children. remember being in first grade? >> i have a son who's there. >> we all remember it a little bit. in a powerful moment today the president spoke about meeting the parents of newtown victim grace mcdonnell. there she is. let's take a look. >> grace was seven years old when she was struck down. just a gorgeous, caring, joyful little girl. i'm told she loved pink. she loved the beach. she dreamed of becoming a painter. chris, her father, gave me one of her paintings. and i hung it in my private study just off the oval office. and every time i look at that painting, i think about grace. and i think about the life that she lived and the life that lay ahead of her. and most of all i think about how when
we can be for lower taxes, less government, less regulation. we can agree on that. but that is sick. why don't they call him up and say shut up once in awhile. your thoughts? >> they should. and if rush limbaugh actually saw that classroom after that morning, the reality of the situation that we're talking about. >> two to eleven bullets in each kid. unrecognizable children. remember being in first grade? >> i have a son who's there. >> we all remember it a little bit....
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Jan 16, 2013
01/13
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. >> you want to go for more tax increases after the tax increases that went through on the fiscal cliff? >> i think closing loopholes, i think there has to be revenue enhancement and closing loopholes, already raised the tax rates, but there's got to be some spending cuts to go along with it. i'm not going to give away the store unless we get something in return. >> you did that already. did you that already at the end of the year? >> i'm not in congress thankfully. i'm running a very fiscally prudent state that's well managed and lives within its means and saves money for a rainy day and is growing the economy to produce more growth money by expanding a healthy economy. washington would do a lot to listen and watch what we're doing in utah because we're doing it right. >> you sure r.governor, thanks very much. appreciate your time today. >> thank you. >> we'll see you soon, governor. thank you. >> headed towards close, sort of meandering here, and much of the decline for the dow, down 32 points, the result of boeing's decline today which we'll be talking about. >> up next, jpmorgan ceo
. >> you want to go for more tax increases after the tax increases that went through on the fiscal cliff? >> i think closing loopholes, i think there has to be revenue enhancement and closing loopholes, already raised the tax rates, but there's got to be some spending cuts to go along with it. i'm not going to give away the store unless we get something in return. >> you did that already. did you that already at the end of the year? >> i'm not in congress thankfully. i'm...
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Jan 21, 2013
01/13
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CNNW
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tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. officemax can help you drive suand down.s down... use your maxperks card and get a 10-ream case of officemax multiuse paper for just 4.99 after maxperks rewards. find thousands of big deals now... at officemax. >>> the parade has begun. it is moving down pennsylvania avenue. there are marching bands. there are a lot of floats. there's a lot of people who are celebrating this day. an important day in american history. the inauguration of president obama for the second time. kate bolduan is watching what's going on, jeffrey toobin with me as well. once they get to the reviewing stand, they will be saluting all of these participants, and there are a lot of them, who have come to washington from all over the country. >>cy actually read there were twice as m
tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. officemax can help you drive suand down.s down... use your maxperks card and get a 10-ream case of officemax multiuse paper for just 4.99 after maxperks rewards. find thousands of...
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Jan 17, 2013
01/13
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MSNBC
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as i sat the other night, if only the corporations said corporate tax law, it would be pretty low. if only the gun guys set gun laws, there aren't going to be any gun laws. the people who don't own guns or own guns casually will have to do something. >> that's exactly right. traes what the president has taken away from the lessons of newtown. listening to the heartbeat of the people on this right now. you can see it in the polls. you hear it in the language, and right now the gop's message is out of sync with that heartbeat and i think there are ways and opportunities for them to get back in sync to lay out that concern about the second amendment and why the protection is important, but put it out there in the context of those kids who were killed because that's what people see most of all. >> let's talk about the president's strength now. bob, this monday and this tuesday he will have taken the oath a second time. the american people have doubled down on this president, a majority of the american people have voted for this guy. two majority votes. he will have that in his pocket s
as i sat the other night, if only the corporations said corporate tax law, it would be pretty low. if only the gun guys set gun laws, there aren't going to be any gun laws. the people who don't own guns or own guns casually will have to do something. >> that's exactly right. traes what the president has taken away from the lessons of newtown. listening to the heartbeat of the people on this right now. you can see it in the polls. you hear it in the language, and right now the gop's...
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Jan 18, 2013
01/13
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FBC
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in the end a tax is a tax. you're talking about taxing products they buy, investment they make for their business, maybe or products they're selling. so it does seem like it would be an impediment elsewhere in their business. they think in the end it is a better tradeoff? >> it is a better tradeoff, again we're talking about simplicity and fairness. give up the exemptions, they're no longer paying corporate tax, if you're a small business, you pay through the individual income tax anyway. and then the other attractive feature, it means their employees would no longer being paying individual income tax and that's very important to them in terms of attracting talent to their company and to our state. melissa: one place where i think you might have have a problem you say you want to create jobs in your state but you boast an incredible unemployment rate, 3.7%. i mean, i wasn't even sure that was possible any longer. it is supposed to create inflation when your unemployment rate is below 4%. you don't want to drive
in the end a tax is a tax. you're talking about taxing products they buy, investment they make for their business, maybe or products they're selling. so it does seem like it would be an impediment elsewhere in their business. they think in the end it is a better tradeoff? >> it is a better tradeoff, again we're talking about simplicity and fairness. give up the exemptions, they're no longer paying corporate tax, if you're a small business, you pay through the individual income tax anyway....
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Jan 21, 2013
01/13
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CNBC
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tax reform was in this speech. it's rare to get this number of -- >> would you have liked more poetry in the speech? >> i personally would have liked more poetry. i think the country needs more uplifting at this point, to be brought together. this one line in the speech which goes to the heart of the pragmatism, we must act knowing that our work will be imperfect. you know, i think he's saying to the whole of the washington establishment, we can't have it all but we have to get moving. >> you know, this speech had the word research labs in it at one point. i challenge you to find another -- >> that's poetry right there. >> right. underscoring the point about the gran u lart here. progress does not compel us to settle the debate about the role of government for all time but it does require us to act in our time. hampton pearson is on the west front of the capitol and can describe what's going on there now. hampton? >> well, number one, we've got of course a wholesale exodus of all the vips on the platform. a huge po
tax reform was in this speech. it's rare to get this number of -- >> would you have liked more poetry in the speech? >> i personally would have liked more poetry. i think the country needs more uplifting at this point, to be brought together. this one line in the speech which goes to the heart of the pragmatism, we must act knowing that our work will be imperfect. you know, i think he's saying to the whole of the washington establishment, we can't have it all but we have to get...
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Jan 19, 2013
01/13
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WETA
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we ought to put a tax on that. bullets ought to be prohibitively expensive. >> a well regulated militia to keep the security of the people, to keep and bear arms. does that speak to the right of securing the nation through a well regulated defense establishment, or does it greenlight some guy in new york to out his garage like an armory? >> the supreme court defers on this. they have basically upheld the second amendment. it does give the protections to gun owners, and it makes it somewhat of a moot issue. this is mostly for show right now. it is a diversion -- i'm all for gun-control -- but it will not happen. it is a diversion from what we need to do, which is dealing with issues like debt, the climate, which polish and do not want to deal with. it is a side show. >> i do not think it is a side show when you have massacres like we have had in the last year. not just newtown. justice scalia's opinion actually said that the government is free to regulate the kinds of weapons that people carry. it says that. >> if y
we ought to put a tax on that. bullets ought to be prohibitively expensive. >> a well regulated militia to keep the security of the people, to keep and bear arms. does that speak to the right of securing the nation through a well regulated defense establishment, or does it greenlight some guy in new york to out his garage like an armory? >> the supreme court defers on this. they have basically upheld the second amendment. it does give the protections to gun owners, and it makes it...
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Jan 15, 2013
01/13
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a lot of people who are lower down the food chain, the economic chain, who are also paying lots of taxes relative to their income, and they need help. we need more education work being done in this country. we need a solid immigration policy. we have to look at climate change. there are a lot of things that the american people are expecting, and the republican party, as they get ready for the next election, really has to focus on some of these issues and not ignore them. >> chris, what's sad to me about that is that by virtue of mentioning the phrase climate change, it's almost like colin powell has kicked himself out of the republican party. this party used to play ball on that issue. now they're denying the actual science behind it. they have swung so far right, and my question after all of this, after that interview which was incendiary and was very much a line in the sand for the gop -- >> it's history making. >> -- when will the republican party admit they have a problem? because every time something like this happens, there is a doubling down, there is a defense, there is an attack
a lot of people who are lower down the food chain, the economic chain, who are also paying lots of taxes relative to their income, and they need help. we need more education work being done in this country. we need a solid immigration policy. we have to look at climate change. there are a lot of things that the american people are expecting, and the republican party, as they get ready for the next election, really has to focus on some of these issues and not ignore them. >> chris, what's...
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Jan 15, 2013
01/13
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FBC
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they should not be able to raise taxes on our young people by putting congress. gerri: we should start calling and -- will calling him emperor obama. [laughter] >> i already do. gerri: and governor pataki. the animated series the simpson first premier to become an instant hit. the longest-running animated program running 24 seasons and 515 episodes. parsons and was the favorite character and the fans at its peak more than 1 million shares were sold bringing in $2 million of revenue. then "the simpsons" movie was released worldwide grossing 527 million by 2011 the show made it $1 billion of profits and has a star on the hollywood walk of fame. the first fox show to break into the top 10 ratings its premiere in 23 years ago today. new report showed 2013 did have a bigger housing recovery. stay with us. ♪ gerri: 2013 housing forecaster out and looking good. gerri: well this year is shaping up to be a great year for housing. forecasting prices to soar after 7.5% lesser. total home sales for the year marking the first increase since 2005. joining me now, vice chairm
they should not be able to raise taxes on our young people by putting congress. gerri: we should start calling and -- will calling him emperor obama. [laughter] >> i already do. gerri: and governor pataki. the animated series the simpson first premier to become an instant hit. the longest-running animated program running 24 seasons and 515 episodes. parsons and was the favorite character and the fans at its peak more than 1 million shares were sold bringing in $2 million of revenue. then...
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Jan 13, 2013
01/13
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congress has provided tax breaks, tax cuts, tax loopholes, and tax perks estimated to reduce revenues by more than $1 trillion. [no audio] >> the policy in this budget says the the department of defense will tamp down increases so that there is no real growth in the five-year window. the savings compared to their five-year plan for the last year's budget. we think it that is an important step that requires tough choices, meaning the you cannot afford the second engine that you do not need for the joint strike fighter. there are tough decisions that have to be made. leadership in the military was difficult. there are things that are made now that will now be made in the future. that is what it takes to get our defense budget under control. in the question of closing loopholes, the president's budget has a number of specifics. we also have provisions that would take away the tax benefits to come to companies that export jobs. we think it is important to have our policy and tax code designed do reflect what we need to do in our economy. for the future, we need to develop new and renewabl
congress has provided tax breaks, tax cuts, tax loopholes, and tax perks estimated to reduce revenues by more than $1 trillion. [no audio] >> the policy in this budget says the the department of defense will tamp down increases so that there is no real growth in the five-year window. the savings compared to their five-year plan for the last year's budget. we think it that is an important step that requires tough choices, meaning the you cannot afford the second engine that you do not need...
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Jan 20, 2013
01/13
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WRC
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one was on sandy, the other was on raising taxes. in both cases obama had a bipartisan majority in the house. that is a governing majority. he's going to have it on immigration and also on the debt ceiling. not sure he's going to have it on guns, but he's going to drive the really hard-line republicans crazy because he's going to be able to break off 40 or 50 of them for all these other things. chris: that seems to be true as much as the opposition is hotter and perhaps hardening out there on the right. it does seem that the center right and the center are in play and obama is making his move toward them successfully. >> their governing philosophy coming in is that the fever would break among the tea party folks, among the hard right, and also that just folks in the house would sort of move to the boehner philosophy, which is a governing philosophy. the sort of -- chris: in other words, you don't need a majority of the republicans to rule. >> you break the rule, which is what he's done on these big-ticket items. they have been meetin
one was on sandy, the other was on raising taxes. in both cases obama had a bipartisan majority in the house. that is a governing majority. he's going to have it on immigration and also on the debt ceiling. not sure he's going to have it on guns, but he's going to drive the really hard-line republicans crazy because he's going to be able to break off 40 or 50 of them for all these other things. chris: that seems to be true as much as the opposition is hotter and perhaps hardening out there on...
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Jan 20, 2013
01/13
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WJLA
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obama demands the wealthy pay theheir faishare of taxes but he is just another elitist hypocrite when it comes to a fair share of secucurity. protection for their kids and gun-free zones for hours. ours. >> jay carney said that the nra ad was r repugnant and cowardly. the nra says that the ad was not in anyone's children in particular. anyone the claims otherwise they say is intention to try to kid ththe topic and is missing the int. incidentally, once the president talked about gun violce, sales went through the roof. can ththe president moving now to this time around? >> there is more desire for control than ever bui do not think congress will budge on the big stuff. it is not going to get done. what the nra did was odiou i think the president is on the high ground, but i do not think he will get done real gun- control. >> these 23 executive action re fairly trivial, there was nothing major about it. i think it will not have any effect, it was the appearance of motion. the three big items on the table for congress, the assault weapons ban, the limit on the size of the magazine clip,
obama demands the wealthy pay theheir faishare of taxes but he is just another elitist hypocrite when it comes to a fair share of secucurity. protection for their kids and gun-free zones for hours. ours. >> jay carney said that the nra ad was r repugnant and cowardly. the nra says that the ad was not in anyone's children in particular. anyone the claims otherwise they say is intention to try to kid ththe topic and is missing the int. incidentally, once the president talked about gun...
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Jan 19, 2013
01/13
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jobs, tax reform, unstable middle east, just to name a few. tonight at 8:00 pm eastern time, fareed zakaria will get solutions from top political experts in memo to the president. inaugurations have come in every shape and size from roosevelt to bush. another roosevelt to another bush. we'll look back at all the top moments. >>> but first a question for all the political junkies, tuned in and watching this morning. what month has had the most presidential inaugurations? no cheating. don't go to google. if you do know the answer tweet me at randi kaye at cnn. oh! progress-oh! -oh! -oh! oh! oh! ♪ what do you know? oh! ♪ bacon? -oh! -oh! oh! [ female announcer ] with 40 delicious progresso soups at 100 calories or less, there are plenty of reasons people are saying "progress-oh!" share your story for a chance to win a progress-oh! makeover in hollywood. go to facebook.com/progresso to enter. i got this snapshot thing from progressive, plugged it into my car, and got a discount just for being the good driver i've always been. i'm just out here
jobs, tax reform, unstable middle east, just to name a few. tonight at 8:00 pm eastern time, fareed zakaria will get solutions from top political experts in memo to the president. inaugurations have come in every shape and size from roosevelt to bush. another roosevelt to another bush. we'll look back at all the top moments. >>> but first a question for all the political junkies, tuned in and watching this morning. what month has had the most presidential inaugurations? no cheating....
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Jan 17, 2013
01/13
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FBC
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unless we get the cooperation from the political parties who say taxes how much they spend and how much they regulate. by that, it is just not sufficient. we spoke about last night was about the banks, not monetary policy. david: there is a conflict with regards to the fed interest and pump up the market, if you will, and unemployment mandate for the employment mandates you just mentioned. stocks go up and companies lay workers off, that happened with american express and in the past with other companies, so if the intention of the fed is to pump up the stock market, doesn't that sometimes conflict with its mandate to keep unemployment low? >> they're all kinds of approaches to this, david. one of them is the wealth effect, if stocks go up, through the broad pulls the mutual fund or more directly obviously feel wealthier and will be able to spend more and pump of consumption with consumption driven society others might argue it is a narrower base than it used to be, so it is a give and take, pros and cons of every single argument. clearly those publicly traded have been able to capitali
unless we get the cooperation from the political parties who say taxes how much they spend and how much they regulate. by that, it is just not sufficient. we spoke about last night was about the banks, not monetary policy. david: there is a conflict with regards to the fed interest and pump up the market, if you will, and unemployment mandate for the employment mandates you just mentioned. stocks go up and companies lay workers off, that happened with american express and in the past with other...
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Jan 20, 2013
01/13
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KRCB
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obama demands of will to pay their fair share of taxes but he is just another elitist hypocrite when it comes to his fair share of security. protection for his ks angun- free zones for hours. -- for ours. >> at the white house, and jay carney called the ad cover the. the nra says that the ad is not aimed at anyone's child in particular. anyone who says otherwise is changing the topic and missing the point. sales have gone through the roof. can the president moving mountain this time around? >> no, and it is trupublic inion has changed, there is more desire for gun control than ever but i do not think congress will budge on the big stuff. what the nra did was odious. i think the president is on the high ground, but he will not get real gun-control done. >> the 23 executive actions were fairly trivial, nothing major about it. i think it will not have any effect. it was the appearance of motion. the three big items on the table for the cgress, assault weapons b, limit othe size of the magazine clip, and universal background checks -- the last one has very strong public opinion behind it
obama demands of will to pay their fair share of taxes but he is just another elitist hypocrite when it comes to his fair share of security. protection for his ks angun- free zones for hours. -- for ours. >> at the white house, and jay carney called the ad cover the. the nra says that the ad is not aimed at anyone's child in particular. anyone who says otherwise is changing the topic and missing the point. sales have gone through the roof. can the president moving mountain this time...
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Jan 17, 2013
01/13
by
FBC
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their ability did carry a bigger tax to fund a tax has been degraded. lou: i think last -- less characterized as remnants then a diffuse, disparate, and not always organized group of elements. >> that can be more dangerous. >> look at mali now. they're beating the french army. lou: the hostage-taking in algeria, seeking leverage because of that conflict. we thank you all for being hre. appreciated. that's it for us tonight. we appreciate you being with us. be with us tomorrow when it gets even better. good night from new york. ♪ [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau egalzoom helps you get personalized and affordable legal protection. in most states, a legal plan at
their ability did carry a bigger tax to fund a tax has been degraded. lou: i think last -- less characterized as remnants then a diffuse, disparate, and not always organized group of elements. >> that can be more dangerous. >> look at mali now. they're beating the french army. lou: the hostage-taking in algeria, seeking leverage because of that conflict. we thank you all for being hre. appreciated. that's it for us tonight. we appreciate you being with us. be with us tomorrow when...
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Jan 16, 2013
01/13
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FBC
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they did not raise taxes. in addition, we have a very business friendly atmosphere. if you come to texas, we will not pull the rug out from under your feet. connell: businesses, sometimes individuals, sometimes larger businesses are leaving state than going to others mostly because of taxes. how much of that juicy and texas in texas and what industries is a really predominate. >> we do not have an income tax. that is a powerful magnet. they do not expect us to go ahead and spend beyond our means. they, in because of the business atmosphere and because we like visitors. a friendly place. the idea of getting to the numbers that you talked about during the first part of the interview and getting through the projections that this particular group put out that this $9 billion gap, specifically, how do you get there sure mark where did the cuts come from? >> i do not know where that number came. there will be a supplemental appropriations bill which we filed in a few weeks. they will fill some of the medicaid that we do not have. it is available in the surplus and it is av
they did not raise taxes. in addition, we have a very business friendly atmosphere. if you come to texas, we will not pull the rug out from under your feet. connell: businesses, sometimes individuals, sometimes larger businesses are leaving state than going to others mostly because of taxes. how much of that juicy and texas in texas and what industries is a really predominate. >> we do not have an income tax. that is a powerful magnet. they do not expect us to go ahead and spend beyond...
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Jan 16, 2013
01/13
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he's going after taxes, gun control, immigration, all issues that democrats have really not had the courage to take on. >> he's going with a really big hand. just 17% of republicans do. but, really, given these numbers, joe, he can go around some of these far right wingers. he has enough support without caving into them. >> don't forget this, and they eluded to it today, that election apparatus, which he now doesn't have to use to get elected because he'll never run for public office, again, i assume. but he can now use it for public opinion. i know what you're going to be doing tomorrow on your radio show and that is we're going to be using our apparatus to get this gun control measures through and put the pressure on the united states congress. and i think we'll be very successful at that. but his apparatus is in place. and that's something that the united states congress doesn't have. >> and, patricia, not only his apparatus, but the fact that he's been able to succumb and to even rise above and go and advance and thrive has given him a lot of confidence. when you look at the new york ti
he's going after taxes, gun control, immigration, all issues that democrats have really not had the courage to take on. >> he's going with a really big hand. just 17% of republicans do. but, really, given these numbers, joe, he can go around some of these far right wingers. he has enough support without caving into them. >> don't forget this, and they eluded to it today, that election apparatus, which he now doesn't have to use to get elected because he'll never run for public...
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Jan 16, 2013
01/13
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FBC
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not only do you have to raise the debt ceiling but you -- the republicans have to agree raise taxes. who house th has the gun
not only do you have to raise the debt ceiling but you -- the republicans have to agree raise taxes. who house th has the gun
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Jan 21, 2013
01/13
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FBC
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plus, we had $520 billion of new taxes from obamacare. this would be the third tax increase. melissa: i really hope you're right because i feel their is a tide of higher taxes. its role in norway. it will keep all of us out to see no matter what our income bracket because it seems like before this last deal there was this notion that if republicans just gave in and went ahead with some higher taxes that then we could get down to the business of spending cuts. that was the idea that was out there. take your medicine now and then we will get down to the business of cutting spending once we have this out of the way. instead, it has been quite the opposite. this was just the first up. the camel's nose in a tent. now there are many more higher taxes coming. are you sure that there are enough democrats out there that would stand in a way of this? because i don't know. >> well, we will see. you may be right that some of these democrats make all unite behind the schumer obama budget which calls for somewhere in the neighborhood of another trillion dollar tax increase. the point i was
plus, we had $520 billion of new taxes from obamacare. this would be the third tax increase. melissa: i really hope you're right because i feel their is a tide of higher taxes. its role in norway. it will keep all of us out to see no matter what our income bracket because it seems like before this last deal there was this notion that if republicans just gave in and went ahead with some higher taxes that then we could get down to the business of spending cuts. that was the idea that was out...